Odaily News: Cynthia Lummis stated on the X platform that if the Clarity Act fails to pass in the current Congress, the next real opportunity to reintroduce market structure legislation may not come until 2030. She noted that completing this work now would prevent wasting years of job opportunities, investment, and tax revenue in the future.
Odaily News, Vitalik posted on the X platform stating that he recently updated the EIP-8141 "Frame Transaction" proposal. Key improvements include atomic batch execution of up to 64 operations, support for social recovery, adoption of P256 quantum-resistant signatures, and allowing anyone to pay gas fees on behalf of users. The proposal was co-authored by 10 experts including Vitalik and lightclient, and has been planned for inclusion in the 2027 Hegotá upgrade.
1. Loracle's latest positions show an unrealized loss of $10.6 million, with SNDK and PONS down $4.6 million and $4.2 million respectively;
2. Approximately 4,000 BTC were transferred in a single transaction linked to the Liquid Network, with an on-chain message describing it as a "white hat" operation;
3. The Garrett Jin whale entity holds a short position on ZEC with an unrealized loss of $25.7 million;
4. Jensen Huang: Artificial General Intelligence has arrived;
5. For the first time in over a year, altcoin open interest share has surpassed that of Bitcoin;
6. Co-founder of Nasdaq-listed company Vida discussed with Solana Foundation members about creating a meme coin launch platform;
7. HyperLabs address transferred 433,000 HYPE redeemed tokens to 11 addresses.
Odaily News, according to GMGN market data, the market cap of BSC ecosystem token BREW has now rebounded to $12.5 million. This morning, BREW's market cap briefly rose to approximately $28 million before rapidly declining by about 80%, hitting a low of $2.2 million.
On the news front, Flap is testing a new token pairing mechanism and has launched a new pool using BEN as the test token, drawing market attention to BREW-related narratives and capital flows, which may be one of the reasons behind its significant volatility earlier.
Odaily reminds users that the prices of related tokens are highly volatile. Please be aware of trading risks.
Odaily News, September 7 - Robinhood ecosystem mainstream Meme coins are broadly declining.
MEME market cap temporarily reported at $96 million, down 25.8% in 6 hours;
PONS market cap temporarily reported at $560 million, down 14.8% in 24 hours;
AI market cap temporarily reported at $199 million, down 14.9% in 24 hours;
CASHCAT market cap temporarily reported at $227 million, down 7.3% in 24 hours;
microduck market cap temporarily reported at $23.11 million, down 34.8% in 24 hours.
Odaily News: According to on-chain analyst Ai Yi's monitoring, a whale with total holdings valued at approximately $4.5 million is adjusting positions in Robinhood Meme and DeFi tokens. The whale has fully exited 156,500 UNI tokens, worth $1.077 million, securing a profit of $86,000; increased holdings by 402,000 PONS tokens, bringing the total position to 3.63 million tokens, valued at $2.99 million; and opened a first-time position of 355,200 FORM tokens, worth $94,000. Positions in AAVE and CASHCAT remain unchanged, with the total value of the four token holdings reaching $4.46 million.
Odaily News A petition to the Korean National Assembly calling for a two-year delay in virtual asset taxation has garnered more than 32,000 signatures. Under the Assembly's legal quorum of 50,000 signatures for petitions, if an additional 18,000 signatures are secured by September 20, the petition will be submitted to the relevant standing committee. The petition argues that delaying the implementation of the virtual asset tax by two years could prevent a significant reduction in foreign exchange earnings and a sharp decline in corporate tax revenue.
Odaily News: According to Onchain Lens monitoring, whale Loracle has opened a series of new positions over the past two days, currently showing an unrealized loss of $10.6 million. Among these, SNDK has lost $4.6 million, PONS $4.2 million, MU $1.61 million, and NVDA $462,000.
Odaily News: According to the latest data from Gate, the gold price fell to $4,412.76 per ounce, down 0.17% on the day. The silver price dropped to $66.086 per ounce, up 0.39% on the day.
In the forex market, the USD/CNH rose 0.02% on the day, with the current exchange rate at 6.70664. The USD/JPY fell 0.04% on the day, with the current exchange rate at 155.881.
In global stock indices, the Euro Stoxx 50 Index (EUSTX50) rose 0.11% on the day to 6,397.67 points; the UK FTSE 100 Index (UK100) was flat on the day at 10,824.1 points; and the German DAX40 Index (GER40) fell 0.08% on the day to 26,024.4 points.
In commodities, WTI crude oil rose 0.29% on the day to $92.4 per barrel. Brent crude oil fell 0.09% on the day to $97.92 per barrel.
Gate enables users to directly trade traditional financial market products on its platform, offering one-stop access to a wide range of assets including precious metals, forex, global stock contracts for difference (CFDs), major indices, and commodities—achieving deep integration between crypto assets and traditional financial assets. Gate TradFi features have been fully integrated into the Gate App and Web platform, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing the multi-asset allocation experience.
Odaily News Lyle Pratt posted on X, stating that if meme coins can indirectly contribute to the treasury of the underlying company through trading fees or licensing agreements, it would create a further flywheel effect between meme coins and the underlying company. Solana Foundation product lead @vibhu responded, saying they could create a meme coin launch platform for its stock and expressed willingness to help, with Lyle Pratt indicating that in-depth discussions could be held on the matter.
Vida Global (NASDAQ: VIDA) is committed to helping enterprises build, deploy, and sell AI agents at scale. The meme coin CTO, which uses the stock token as its liquidity pool on Stonk, has a market cap of $7.47 million, up 51% in the last 24 hours.
Odaily News: According to Lookonchain monitoring, an address shorted 15,785 ZEC three days ago, valued at $18.95 million, and is currently down $5.27 million; this address had previously won 26 consecutive trades.
Odaily News: According to Onchain Lens monitoring, a whale transferred 351,400 HYPE tokens to 3 new wallets and staked all of them on Hyperliquid, valued at approximately $30.98 million.
Odaily News: According to Ember monitoring, the 433,000 HYPE tokens, worth $38.14 million, that the HyperLabs address (0x43e...a251) applied to redeem 7 days ago have arrived 12 hours ago and were transferred out to 11 addresses 9 hours ago. HyperLabs holds 241 million HYPE, with daily staking rewards of approximately 14,400 tokens, worth $1.26 million. Its monthly unstaking and transfer of over 400,000 HYPE is roughly equivalent to its monthly staking rewards.
Odaily News: Token Terminal stated on X that the market capitalization of tokenized stocks increased by $187.8 million over the past 7 days, marking the highest growth among all RWA sectors. Meanwhile, the market capitalization of tokenized funds increased by $21 million, while tokenized commodities saw a decrease of $24.2 million.
Odaily News: According to market data, Japanese chip-related stocks surged sharply, with Kioxia up 7.3%, SoftBank Group up 5.4%, and Lasertec up 8.2%.
Odaily reported that according to GMGN data, the Solana ecosystem Meme coin ZCAT's market cap surpassed $170 million this morning, hitting a new all-time high, currently reporting $141 million, with a 24-hour increase of over 220%.
It is reported that ZCAT is a Meme coin built around the Zcash privacy narrative, featuring an anonymous cat wearing a paper bag over its head. Its core mechanism is to continuously distribute trading-generated revenue to ZCAT holders in the form of ZEC, creating a "hold Meme coin, earn ZEC" yield narrative. Crypto KOL Ansem has repeatedly posted ZCAT-related content on X.
Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.
